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Fintech
The financial landscape in America is wildly different from the UK’s
Customers want to access their funds when they need them without having to jump through hoops
Banks and other financial institutions likely the biggest clients
Bad actors only need to identify, infiltrate and take advantage of the weakest link in the financial services chain
Flybits leverages data science to gain information on consumers
To compete in the global technology sector the potential for strong, short term equity payouts and bonuses for innovation are necessary
“Libra raises serious concerns regarding privacy, money laundering, consumer protection, financial stability”
Technology, regulations, shifting demographics, and emerging Fintech competitors are changing the banking landscape
Four banks have signed on for the pilot, mostly in Australia
Key features for international businesses as well as high end consumers
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